856,389 twenty-foot equivalent units is second-best July in port history
The Port of Los Angeles moved 856,389 Twenty-Foot Equivalent Units (TEUs) in July, the busiest month thus far of 2020. It was also the second-best July in the Port’s history, trailing July 2019 by 6.1%.
“Fewer canceled sailings and 11 additional ‘ad hoc’ or unscheduled ship calls helped drive both imports and exports higher than recent months but still short of last July’s all-time record,” said Port of Los Angeles Executive Director Gene Seroka. “Preliminary data for August indicates solid volumes as retailers continue restocking inventories and preparing for the year-end holiday season.”
Also see: Port of Long Beach posts biggest month ever
July loaded imports decreased 4.3% to 456,029 TEUs compared to the previous year. Loaded exports dropped 21.7% to 126,354 TEUs. Empty containers declined 0.1% to 274,007 TEUs. In total, July volumes totaled 856,389 TEUs.
Seven months into 2020, overall volumes are 4,618,278, a decline of 15.3% compared to 2019.
July | 2020 | 2019 | Change | % Change |
---|---|---|---|---|
Loaded Imports | 456,028.70 | 476,438.20 | (20,409.50) | -4.28% |
Loaded Exports | 126,353.70 | 161,340.25 | (34,986.55) | -21.68% |
Total Loaded | 582,382.40 | 637,778.45 | (55,396.05) | -8.69% |
Total Empty | 274,006.75 | 274,375.70 | (368.95) | -0.13% |
Total | 856,389.15 | 912,154.15 | (55,765.00) | -6.11% |
Calendar Year 2020
|
4,618,277.65 | 5,450,792.70 | (832,515.05) | -15.27% |
Fiscal Year 2020/21 | 856,389.15 | 912,154.15 | (55,765.00) | -6.11% |
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